{"id":139289,"date":"2023-09-24T13:00:17","date_gmt":"2023-09-24T06:00:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/crackdown-on-illegal-structures-set-to-chill-demand-recovery-in-hong-kongs-luxury-homes-market-analysts-say\/"},"modified":"2023-09-24T13:08:35","modified_gmt":"2023-09-24T06:08:35","slug":"crackdown-on-illegal-structures-set-to-chill-demand-recovery-in-hong-kongs-luxury-homes-market-analysts-say","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/crackdown-on-illegal-structures-set-to-chill-demand-recovery-in-hong-kongs-luxury-homes-market-analysts-say\/","title":{"rendered":"Crackdown on illegal structures set to chill demand, recovery in Hong Kong\u2019s luxury homes market, analysts say"},"content":{"rendered":"


\nA crackdown on illegal structures in luxury homes is set to chill demand and prices in the market segment, analysts said. \u2018Higher for longer\u2019 borrowing costs are also at play, according to consultancy Knight Frank.
\n
\nSource : South China Morning Post
\nRead more…Crackdown on illegal structures set to chill demand, recovery in Hong Kong\u2019s luxury homes market, analysts say<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A crackdown on illegal structures in luxury homes is set to chill demand and prices...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139289","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-AeB","jetpack-related-posts":[{"id":172354,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-recovery-faces-new-risk-as-china-widens-offshore-tax-net\/","url_meta":{"origin":139289,"position":0},"title":"Hong Kong property recovery faces new risk as China widens offshore tax net","date":"August 12, 2026","format":false,"excerpt":"\r Hong Kong\u2019s property recovery could face a fresh test if China\u2019s expanding crackdown on offshore wealth extends beyond insurance returns to property income, potentially curbing mainland demand for homes and adding pressure to decentralised office markets, according to analysts. The immediate issue is a reported 20 per cent personal\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104653,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-renters-outpace-western-tenants-as-biggest-spenders-for-luxury-rental-homes-in-hong-kong\/","url_meta":{"origin":139289,"position":1},"title":"Mainland renters outpace Western tenants as biggest spenders for luxury rental homes in Hong Kong","date":"March 4, 2019","format":false,"excerpt":"\r Corporate tenants from the mainland have overtaken their Western peers as the dominant force in Hong Kong\u2019s luxury residential leasing sector, as a growing number of Chinese firms establish \u00adoffices in the city.The top-end of the luxury residential leasing market has seen an uptick in demand in recent months,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinas-luxury-housing-boom-is-keeping-wealthy-buyers-at-home-report-says\/","url_meta":{"origin":139289,"position":2},"title":"Mainland China\u2019s luxury housing boom is keeping wealthy buyers at home, report says","date":"July 15, 2026","format":false,"excerpt":"\r China\u2019s booming luxury housing market is keeping more wealth onshore, a trend that analysts say may pose a growing challenge to Hong Kong\u2019s still resilient high-end residential market. A report by Gavekal Dragonomics analyst Zhang Xiaoxi said Beijing\u2019s tightening crackdown on illicit capital outflows, including through Hong Kong\u2019s \u201cgrey\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-supply-of-luxury-homes-to-hit-new-high-after-demand-from-wealthy-buyers-more-than-doubles-amid-covid-19\/","url_meta":{"origin":139289,"position":3},"title":"Hong Kong\u2019s supply of luxury homes to hit new high after demand from wealthy buyers more than doubles amid Covid-19","date":"August 23, 2021","format":false,"excerpt":"\r The supply for luxury homes in Hong Kong\u2019s ultra-exclusive neighbourhood of The Peak is likely to hit 404,000 sq ft in 2024, the highest level since 2016, after demand boosted sales of mansions and high-end flats in the district by more than double to HK$12.8 billion (US$1.6 billion) in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109033,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-hong-kongs-luxury-homes-slips-as-trade-war-threat-of-extradition-bill-rattle-wealthy-investors\/","url_meta":{"origin":139289,"position":4},"title":"Demand for Hong Kong\u2019s luxury homes slips as trade war, threat of extradition bill rattle wealthy investors","date":"July 16, 2019","format":false,"excerpt":"\r The double whammy of the US-China trade war and the threat of a controversial extradition bill that led to weeks of mass rallies in Hong Kong has hit demand for the city\u2019s ultra-luxury homes, new figures show.Property consultancy Savills said enquiries about homes priced between HK$40,000 (US$5,111) and HK$100,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/record-prices-for-luxury-flats-in-hong-kongs-north-point-unlikely-to-boost-whole-area\/","url_meta":{"origin":139289,"position":5},"title":"Record prices for luxury flats in Hong Kong\u2019s North Point unlikely to boost whole area","date":"January 5, 2018","format":false,"excerpt":"\r Record prices have been set at a luxury flat development in Hong Kong\u2019s Island East district recently, thanks to strong demand, but there is unlikely to be a knock-on effect on other property in the area, where the housing stock is much older, analysts said. Developer Sun Hung Kai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139289"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=139289"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139289\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}